Federal Financial Aid
Almost every family qualifies for some type of federal aid, regardless of your financial need. With so many programs, it’s easy to get lost or confused. We’re here to help you understand your eligibility and requirements. Reach out to your Stockton Admissions Counselor with any questions at any time.
Your Eligibility for Federal Aid
Applying for federal aid is an important part of making your Stockton education as affordable as possible. We strongly encourage you and your family to apply for federal financial aid, regardless of what you think you might receive. Your family is most likely eligible for at least one type of grant or loan, even if you don’t demonstrate an exceptional financial need.
How to Apply for Federal Aid
Applying is very simple. All you need to do is file the Free Application for Federal Student Aid (FAFSA) after October 1. Some forms of aid are available on a first-come, first-served basis. You will need your family’s financial information from the past year’s tax returns in order to file a complete application.
Types of Aid
- Grants: If you demonstrate a financial need, you may receive a Pell Grant. Pell Grants are gifts that do not need to be repaid, though they are awarded on a first-come, first-served basis so file your FAFSA early!
- Loans: The Direct Loan program provides lower interest loans to students and families. The U.S. Department of Education loans you the money and you must repay it after college. There are many flexible repayment options to help you make your monthly payments more affordable. However, Stockton recommends you exhaust all other forms of aid and payment before borrowing any loan to pay for college.
- Work-Study: The Federal Work-Study Program provides jobs for students with financial need, allowing you to earn money during college to help pay education expenses. The program encourages work related to your major as well as community service work. Learn more about the Federal Work-Study Program at Stockton.